Corporate Updates – 21-04-2016


MCA has notified new version of e-forms DIR-3 (Application for allotment of Director Identification Number), FC-1 (Information to be filed by foreign company), INC-28 (Notice of Order of the Court or any other competent authority), SH-7 (Notice to Registrar of any alteration of share capital) . The same have been recently updated on MCA21 Company Forms page. Only new version of the eForm will be acceptable. Stakeholders are requested to plan accordingly and ensure that you have downloaded the latest version for filing and uploading the latest version only. Form- wise date of last version change is available at on the website of MCA.


CBDT has notified the draft Foreign Tax Credit Rules specifying the procedure for grant of relief or deduction of income-tax paid in any country or specified territory outside India, under section 90/ 90A/ 91 of the Act against the income-tax payable under the Act. Foreign Tax Credit Rules shall apply in a situation where tax is paid in a foreign country and the same income is subject to tax in India. In such a situation the taxpayer may be able to take credit for tax or claim a deduction for those taxes. The draft rules for grant of Foreign Tax Credit are uploaded on the official website on which the comments and suggestions to be sent by 02.05.2016.


  1. CS Sumit Rana says

    Notify me new posts by email

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